HH ELITE A/S — Credit Rating and Financial Key Figures

CVR number: 35842330
Godsbanegade 7, 8700 Horsens
jorgen.moller@hhelite.dk
tel: 25297275
hhelite.dk

Credit rating

Company information

Official name
HH ELITE A/S
Personnel
33 persons
Established
2014
Company form
Limited company
Industry
  • Expand more icon93Sports activities and amusement and recreation activities

About HH ELITE A/S

HH ELITE A/S (CVR number: 35842330) is a company from HORSENS. The company recorded a gross profit of 2340.7 kDKK in 2023. The operating profit was -4496 kDKK, while net earnings were -1880.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -42.6 %, which can be considered poor and Return on Equity (ROE) was -66.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HH ELITE A/S's liquidity measured by quick ratio was 1.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit885.982 010.572 431.783 144.652 340.74
EBIT-2 477.08-1 960.34-3 979.36-4 929.67-4 496.03
Net earnings-2 481.37-1 554.02-3 988.84-4 878.31-1 880.47
Shareholders equity total-4 953.67-6 507.69-1 896.52-6 774.84-8 655.31
Balance sheet total (assets)2 370.443 380.693 084.281 548.304 135.33
Net debt4 350.755 023.701 313.895 265.6510 228.99
Profitability
EBIT-%
ROA-43.6 %-22.8 %-53.5 %-74.1 %-42.6 %
ROE-126.2 %-54.0 %-123.4 %-210.6 %-66.2 %
ROI-49.4 %-27.6 %-71.7 %-105.1 %-51.6 %
Economic value added (EVA)-2 278.29-1 201.91-3 504.03-4 699.53-2 802.28
Solvency
Equity ratio54.1 %36.3 %32.5 %-25.3 %38.6 %
Gearing-125.9 %-118.9 %-152.9 %-92.3 %-129.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.71.60.71.7
Current ratio2.11.71.60.71.7
Cash and cash equivalents1 884.252 711.301 586.11984.35953.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-42.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.6%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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